Evergreen: Profits Plunge Q3 versus 2022 but resilient on a Q vs Q basis
Evergreen witnessed a substantial drop in operating profits in Q3 compared to 2022. Nonetheless, shows resilience…
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maritime news
HMM: USD 70 Million Q3 Profit Amidst Industry Challenges
South Korean Shipping Giant HMM Faces Tough Quarter as Partial Privatization Unfolds amidst industry challenges,…
Hapag-Lloyd: Solid Q3 Profits, Uncertainty in Q4
According to the carrier and other sources, Hapag-Lloyd reported solid profits in Q3 but foresees uncertainty in…
CMA CGM: Sharp Decline in Q3 Net Profit
A staggering sharp decline in Q3 Net profits for CMA CGM compared to the same period in 2022, according to sources.
MSC and Maersk untangle the transatlantic 2M fleet
MSC and Maersk continue to change the way they cooperate on the major east-to-west trade routes. The 2M partners…
HHLA Board Approves MSC Takeover Offer
The Executive and Supervisory Board of HHLA approve the take over offer by Mediterranean Shipping Company, further…
Shipping Industry Expands Container Production to Asia and the USA
The shipping industry is taking proactive steps to reduce its reliance on China by establishing steel container…
Container Charter Market Faces Challenges
According to Alphaliner, the container charter market is experiencing various challenges making it less appealing…
DP World and Rosatom Join Forces for Arctic Route Development
Dubai-based ports and logistics giant DP World has inked a partnership with Russian nuclear agency Rosatom to…
COSCO Quarterly Net Earnings Plummet to USD 650 Million
COSCO SHIPPING announced a substantial decline in its quarterly net earnings, with a net profit of RMB 4.78 billion…